Liberty Dollar raided, silver and gold confiscated
This is a discussion on Liberty Dollar raided, silver and gold confiscated within the Off Topic & Humor Discussion forums, part of the The Back Porch category; Originally Posted by SammyIamToday
Liberty dollars have no value except what people are willing to accept for them. Sounds exactly like Disney Bucks to me... ...
November 25th, 2007 02:30 PM
No, Disney Bucks have value at Disney. Every store there will take them, at their printed value, in lieu of actual dollars. There is no expectation (or claim) of them having any value outside of Disney. This is a bad comparison, period.
Originally Posted by SammyIamToday
Privately printed money (which this is, no matter how you want to spin it) is a BAD idea on any wide scale. Competing currencies can only cause confusion, slow down commerce, and invite counterfeiting... Of course, you as an individual have the option to not use "fiat" money if you want, but it's going to be tough toting around those chickens and polished stones to the gas station...
P.S. I can exchange my greenbacks for silver or gold whenever I'd like - it's called "buying it."
A man fires a rifle for many years, and he goes to war. And afterward he turns the rifle in at the armory, and he believes he's finished with the rifle. But no matter what else he might do with his hands - love a woman, build a house, change his son's diaper - his hands remember the rifle.
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